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Kathy Barthelt
/ Categories: Infor LN & Baan Tips

Infor LN & Baan Tip: What is the GRNI Reconciliation Process?

What is the GRNI (Goods Received Not Invoiced) Reconciliation Process?

The reconciliation process of the GRNI transactions consists of the following steps:

  1. Close the financial period so that no new transactions can be entered.
  2. Print the trial balance.
  3. Print a report of the invoices to be received.
  4. Compare the reports.
  5. Print the reconciliation data.
  6. Examine the reports.
  7. Rebuild the History.
  8. Print the trial balance and the reconciliation report again.
  9. Print the GRNI reconciliation checklist.
  10. Check the balances on the GRNI reconciliation checklist.
  11. Analyze the reconciliation data.
  12. Make corrections.
  13. Print the GRNI reconciliation checklist again.
  14. Post the reconciliation correction transactions.
  15. Accept the reconciliation data.


Have questions on this process or need some help? Contact us! Our experienced Finance consultants will be glad to assist you.

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Kathy Barthelt

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Tips:  LX | BPCS | M3

The system allows you to manipulate and maintain a simulated MPS and MRP. You can copy the simulation from the existing first cut or you can create a totally new schedule. You can also perform a simulation of the rough-cut capacity plan. This allows a quick visual inspection by inquiry or menu of needed work center loads for the proposed MPS. After you choose a suitable MPS and rough-cut capacity, the system allows you to transfer the simulated MPS to the live Master Production Schedule.

The system supports four levels of inventory. You can view summaries of stock at each level through the Material Status Inquiry program or through reports.

 

Below are the four levels:

▪  Item

▪  Item + warehouse

▪  Item + warehouse + location

▪  Item + warehouse + location + lot

 

The lot number level and/or container of inventory can cross multiple warehouses and locations. For example, item + lot or item + lot + container. Locations exist within warehouses. There is no limit on the number of warehouses, locations, or lots that you can assign to an item.

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Tips: LN | Baan

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